I really hope AOE does not go cheap and think it would be a kick in the guts if Shell gets it for this price. I think once Shell aquires AOE it will then on sell the power generation as they will have no need for it.They will probably make a pretty penny out of it as well.I remember and correct me if I am wrong that AGL was intersetd in AOE at one stage. They would want the power generation and an agreement for supply from Shell. Just a thought.
AOE Price at posting:
$5.10 Sentiment: Hold Disclosure: Held